court documents: Fujinaga blamed changes in the dollar-to-yen exchange rate for problems while heading MRI International Inc. for more than a decade, according to The Japan Times. He said he was trying to clean up a corrupt medical accounts payable industry, and that he is now so despondent that he has to take medication. Chief U.S. District Judge Gloria Navarro described as offensive Fujinaga's efforts to apologize and present the crimes as the result of error. The judge rejected his explanation, and acknowledged that the severity of his crimes approached those of convicted U.S. Ponzi schemers Bernard Madoff in New York, Allen Stanford in Houston, and Scott Rothstein in Miami. They put him on par with Rothstein, who is serving 50 years in a 1.2 billion case. In court documents, prosecutors ranked Fujinaga several notches below Madoff, who was sentenced to 150 years in prison for swindling thousands of investors out of at least 20 billion, and Stanford, who is serving 110 years for a scheme involving more than 7 billion.
(news.financializer.com). As
reported in the news.
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